Ryan McKay

The firm’s turnover for 2022/23 was £16.7 million, including Blackadders Wealth Management LLP. Profits stood at £4.23m.

The figures for the 2022/23 financial year show that turnover increased by more than £1m and that profits rose by 12 per cent. Performance in the current financial year so far points to a similar performance with another £1m set to be added to income as well as expected further growth in profits for 2023/24.

The 2022/23 results are the first reported under the new leadership team of joint managing partners Emma Gray and Ryan McKay. The pair were appointed in August 2022.

Mr McKay said: “We are very pleased with the performance. It was a challenging year but we managed to make early progress on a number of reorganisation initiatives in the firm and this has shown through to the bottom line.

“Trading conditions continued to be challenged by the fallout from Covid, the cost-of-living crisis and global conflicts but we have been very clear in concentrating on delivering for our clients.

“By sticking to our values of service excellence, continuous improvement and our people, we have kept the focus of the firm on core activity.

“The understanding from our teams of the need to meet every challenge given to us by our clients has never been greater and this has been reflected positively in the financial performance.”